The cyber threat is big, growing fast. That’s the scary news. The good news is cyber insurance is taking off with most stand-alone policies paying out.
Uber’s liability in a self-driving car accident decided; IHOP sexual harassment claims settled; cryptocurrency company faces regulation; and work rumors come under scrutiny.
Connecting discreet risk information throughout the business and making sense of it is a difficult task, but corporate insurance and risk management functions have innate skills to lead the charge.
Technology has impacted business in good and bad ways. But it looks like the bad is starting to outweigh the good as tech advancements undermine goods and services.
The manufacturing industry has unique cyber exposures, and this risk manager knows it’s important to stay on top of the sector’s rapidly changing use of technology.
Coffee giant Starbucks and other restaurateurs are grappling with safety issues surrounding needles and other hazardous objects being left on their premises.
Dropping Bitcoin values, closing liberal arts colleges and a volatile stock market all present risk management lessons. Especially if all three take a tumble in one day.